PPP Loan information for Tradition motors, llc

$438,135

Tradition motors, llc was initially approved for PPP Loan of amount $438,135, the current approved amount is $438,135. The loan was approved on 04/11/2020 by The Ally Bank reported 44 jobs and $438,135 was used to fund payroll.

Tradition motors, llc is Existing or more than 2 years old

PPP Loan Search / TN / MURFREESBORO / Tradition motors, llc

TRADITION MOTORS, LLC

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TRADITION MOTORS, LLC

Borrower Address

2505 S CHURCH ST

Borrower City

MURFREESBORO

Borrower State

TN

Borrower Zip

37127-6361

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438135.00

Current Approval Amount

438135.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MURFREESBORO

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37127-6361

CD

TN-04

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

438135.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

442345.96

Forgiveness Date

03/31/2021

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